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Frasers Group (FRAS) Share News

LONDON MARKET CLOSE: Poor UK data, China woe, US rates worry hurt FTSE

18th Aug 2023 16:54

(Alliance News) - Continued worries about the health of the Chinese economy, interest rate fears in the US and less-than-stellar UK retail sales weighed on the FTSE 100 on Friday, which is now in its longest losing streak since late June. Read More

Lacklustre retail sales raise questions about weather or wider issue

18th Aug 2023 11:59

(Alliance News) - UK retail sales were worse than expected last month, with analysts questioning whether it was because of consumers contending with wet weather or the intensifying cost-of-living crisis. Read More

LONDON MARKET MIDDAY: Retailers hit by slump in UK sales

18th Aug 2023 11:51

(Alliance News) - Stock prices in London were lower at midday Friday, as UK retailers were hit by worse than expected sales in July. Read More

LONDON MARKET OPEN: Stocks fall as UK retail sales add to gloom

18th Aug 2023 09:06

(Alliance News) - Stock prices in London opened in the red on Friday, with weak UK retail sales data adding to investors' worries. Read More

LONDON BROKER RATINGS: Oddo BHF raises IAG to 'outperform'

31st Jul 2023 09:16

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More

LONDON BRIEFING: BT names Kirkby as new CEO; Pearson profit up

31st Jul 2023 07:48

(Alliance News) - Stocks in London are called to start the week on the back foot, after new data showed that the Chinese manufacturing sector continued to slump in July. Read More

TOP NEWS: Frasers Group delivers "record results"; annual profit surge

27th Jul 2023 09:30

(Alliance News) - Frasers Group PLC on Thursday reported "record results" with a surge in pretax profit and a revenue rise in its financial year, following several key acquisitions. Read More

LONDON BRIEFING: Stocks to rise; Frasers, Centrica post strong results

27th Jul 2023 07:53

(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle. Read More

THG confirms sale of loss-making divisions THG OnDemand and ProBikeKit

21st Jul 2023 07:54

(Alliance News) - THG PLC on Friday confirmed the sale of two loss-making businesses for a total of about GBP4 million, as part of a company simplification exercise that the e-commerce platform announced back in January. Read More

LONDON MARKET CLOSE: Stocks lower with eyes on UK inflation numbers

20th Jun 2023 16:55

(Alliance News) - Stocks in London closed in the red on Tuesday, with market nerves frayed ahead of the release of key UK inflation data on Wednesday morning. Read More

LONDON MARKET MIDDAY: FTSE 100 treads water ahead of UK inflation, BoE

20th Jun 2023 12:18

(Alliance News) - London's FTSE 100 was steady at midday Tuesday, as investors look ahead to risk events in the form of a UK inflation reading and a Bank of England interest rate decision later this week. Read More

UPDATE: Frasers says boohoo, Currys stake buys part of growth strategy

20th Jun 2023 11:36

(Alliance News) - Frasers Group PLC on Tuesday said it its acquisition of stakes in boohoo Group PLC and Currys PLC are part of a wider strategy of taking up "supportive shareholder positions in attractive retail companies". Read More

Frasers snaps up Currys and boohoo stakes to add to AO World and Asos

20th Jun 2023 10:53

(Alliance News) - Frasers Group PLC, having already dipped into fast fashion and electrical goods with stakes in Asos PLC and AO World PLC, continued its shopping spree in recent days. Read More

IamFire notes WeShop six-figure fundraise as site's retail ties grow

20th Jun 2023 10:38

(Alliance News) - IamFire PLC on Tuesday said its primary portfolio company WeShop Holdings Ltd has completed a large fundraise, leaving it valued at about GBP130 million, alongside various operational highlights like increased downloads. Read More

TOP NEWS: Frasers shopping spree goes on as buys boohoo, Currys stakes

20th Jun 2023 09:58

(Alliance News) - Frasers Group PLC continued its streak of buying up shares in UK retail outfits, with a regulatory filing showing it has taken up a position in online fashion firm boohoo group PLC. Read More

LONDON MARKET MIDDAY: Shares firm and sterling continues to ride high

16th Jun 2023 12:11

(Alliance News) - Stock prices in London were higher at midday on Friday, with equity markets on the front foot at the conclusion of a week dominated by central bank decisions. Read More

IN BRIEF: Frasers ups stake in AO World to 21% from 19%

16th Jun 2023 08:49

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Increases stake in AO World PLC, an online electricals retailer, to 21% on Thursday, from 19%. Frasers last week Friday bought a 19% stake, from none before. Read More

LONDON MARKET CLOSE: Europe mixed after ECB hike and hawkish Fed

15th Jun 2023 17:02

(Alliance News) - London's FTSE 100 closed higher, though equities in mainland Europe weakened, after both the Federal Reserve and European Central Bank both hinted that they are not done with rate hikes. Read More

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

15th Jun 2023 12:07

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon. Read More

IN BRIEF: Frasers ups stake in Asos for fourth time in month, to 10.6%

15th Jun 2023 11:26

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Raises stake in Asos PLC, a London-based online fashion retailer which on Thursday reported a return to an adjusted quarterly profit, to 10.6% on Monday, from 9.9%. The raise in Frasers's stake in Asos follows three other raises over the past 31 days, to 9.9% last Wednesday, to 8.8% on June 1, and to 7.4% on May 15, from 5.1% before that. Read More

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